No Orders, Judgments or Decrees Sample Clauses

The 'No Orders, Judgments or Decrees' clause serves to confirm that neither party is currently subject to any court orders, judgments, or legal decrees that would interfere with their ability to enter into or perform under the agreement. In practice, this means each party represents that there are no outstanding legal restrictions, such as injunctions or prohibitions, that could impact their obligations or rights under the contract. This clause helps ensure that both parties are legally free to fulfill their commitments, thereby reducing the risk of unforeseen legal barriers affecting the agreement.
No Orders, Judgments or Decrees. The Company is not subject to any Order, judgment or decree, or any other legal restriction, which adversely affects its business or the condition of any of its properties or which would prevent or hinder the transactions contemplated by this Agreement.
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No Orders, Judgments or Decrees. Buyer is not subject to any order, judgment or decree, or any other legal restriction, which would prevent or hinder the transactions contemplated by this Agreement.
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No Orders, Judgments or Decrees. It shall be a condition to Senior Lenders' obligation to make the Senior Loan that no order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain Collateral Agent or Senior Lenders from making the Senior Loan, nor shall any Requirement of Law applicable to Collateral Agent or Senior Lenders or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over Collateral Agent or Senior Lenders prohibit or request that Collateral Agent or Senior Lenders refrain from, making loans in general or the making of the Senior Loan in particular.
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No Orders, Judgments or Decrees. No order, judgment or decree of any arbitrator or Governmental Authority shall purport to enjoin or restrain the Initial Lender from making the Loan, and no litigation, inquiry or action shall be pending or threatened with respect to the making of Loans hereunder or the transactions contemplated hereby.
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No Orders, Judgments or Decrees. Except as set forth on SECTION 8.06(B) SCHEDULE (A), the Sellers are not subject to any order, judgment or decree, or any other legal restriction, which adversely affects the Assets or the Acquired Business or which would prevent or hinder the transactions contemplated by this Agreement.
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Related to No Orders, Judgments or Decrees

  • Final Judgments or Orders Any final judgments or orders for the payment of money in excess of $5,000,000 in the aggregate shall be entered against any Loan Party by a court having jurisdiction in the premises, which judgment is not discharged, vacated, bonded or stayed pending appeal within a period of thirty (30) days from the date of entry;

  • No Orders Neither Parent nor Merger Sub is subject to any order of any kind or nature that would prevent or materially delay the consummation of the Merger or the ability of Parent and Merger Sub to fully perform their respective covenants and obligations pursuant to this Agreement.

  • No Injunctions No Governmental Entity of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any order, executive order, stay, decree, judgment or injunction (preliminary or permanent) or statute, rule or regulation which is in effect and which has the effect of making the Merger illegal or otherwise prohibiting consummation of the Merger or the other transactions contemplated by this Agreement.

  • Monetary Judgments One or more non-interlocutory judgments, non-interlocutory orders, decrees or arbitration awards is entered against the Company or any Subsidiary involving in the aggregate a liability (to the extent not covered by independent third-party insurance as to which the insurer does not dispute coverage) as to any single or related series of transactions, incidents or conditions, of $20,000,000 or more, and the same shall remain unsatisfied, unvacated and unstayed pending appeal for a period of 10 days after the entry thereof; or

  • Pending Orders Upon termination of this Agreement, Micrus shall have the right, at its option, to continue or terminate any order pending as of the effective date of termination.